Construction Loans in Mississauga, ON

Construction Loans - Mississauga Mortgage - Lotus Loans

Looking for construction loans to meet all your needs? Look no further than Lotus Loans and Mortgages!

We specialize in providing unique builder loans and financing programs tailored to the needs of all kinds of construction companies, whether you are a large-scale builder constructing hundreds of homes a year, a home builder specializing in customized construction, or a small builder just starting out.

Our construction loans are designed with your requirements in mind, and our turnkey services are dedicated to helping you succeed. We offer a range of services including credit facility management, annual customer partnership planning sessions, speculative financing, purchaser mortgages, draws, inspections, and much more. Our application process is straightforward and simple, making it easy for you to get the financing you need.

We offer financing options to builders on both pre-sold and speculative bases, and we don’t charge any front-end or back-end fees. We even waive cancellation fees for certain mortgage plans, and we offer competitive construction rates and flexible draw schedules. Our construction loans are simply the best anyone can offer, and we are happy to help you find the right financing rate for your company.

Our mortgage programs also allow you to receive funds on each home as construction proceeds. Advances are available to you at each stage of construction, with lock-up advances available when the construction is 35% to 55% complete, drywall advances available when it’s approximately 75% complete, and completion advances available when it’s 100% complete. Additional draws may also be available with approval.

At Lotus Loans and Mortgages, we are committed to helping you succeed. Contact us today to learn more about our construction loans and how we can help you take your construction business to the next level. Whether you are a big builder or a small builder, we have the financing options you need to succeed.

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